I like the phrase "bubble in monetary policy". It aptly expresses precisely what has been happening globally.
On the lighter side, in the March 28, 2015 Dilbert, Wally becomes the new chief economist.
Wally: "The exchange rate on derivatives will trigger a bubble in monetary policy and deflate the Yen."
I like the phrase "bubble in monetary policy". It aptly expresses precisely what has been happening globally.
Mike "Mish" Shedlock
The content on the Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
Comments
Log in or sign up to join the conversation.